Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 75271 [2022-26708]

Download as PDF Federal Register / Vol. 87, No. 235 / Thursday, December 8, 2022 / Notices operating environment affect the financial institution’s financial condition and operational resilience as discussed in the strategic planning section. Management should also consider the extent to which the financial institution’s activities may increase the risk of negative financial impact from other operational risk, liability, or litigation. Management should implement adequate measures to account for these risks where material. By order of the Board of Governors of the Federal Reserve System. Ann E. Misback, Secretary of the Board. [FR Doc. 2022–26648 Filed 12–7–22; 8:45 am] all of Cleveland, Ohio; Benjamin Mackovak, Bratenahl, Ohio, and Martin Adams, Naples, Florida, each a managing member of Strategic Value Bank Partners, LLC and Strategic Value Private Partners, LLC; as a group acting in concert, to acquire additional voting shares of Bay Community Bancorp, and thereby indirectly acquire additional voting shares of Community Bank of the Bay, both of Oakland, California. Board of Governors of the Federal Reserve System. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2022–26708 Filed 12–7–22; 8:45 am] BILLING CODE P lotter on DSK11XQN23PROD with NOTICES1 BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM FEDERAL TRADE COMMISSION Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company Agency Information Collection Activities; Proposed Collection; Comment Request; Extension The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 23, 2022. A. Federal Reserve Bank of San Francisco (Joseph Cuenco, Assistant Vice President, Formations & Transactions) 101 Market Street, San Francisco, California: 1. Strategic Value Investors, LP; Strategic Value Bank Partners, LLC; Strategic Value Private Investors, LP; Strategic Value Private Partners, LLC, VerDate Sep<11>2014 17:36 Dec 07, 2022 Jkt 259001 Federal Trade Commission. Notice. AGENCY: ACTION: The Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’) is seeking public comment on its proposal to extend for an additional three years the Office of Management and Budget clearance for information collection requirements of its Affiliate Marketing Rule, which applies to certain motor vehicle dealers, and its shared enforcement with the Consumer Financial Protection Bureau (‘‘CFPB’’) of the provisions (subpart C) of the CFPB’s Regulation V regarding other entities (‘‘CFPB Rule’’). The current clearance expires on February 28, 2023. DATES: Comments must be received on or before February 6, 2023. ADDRESSES: Interested parties may file a comment online or on paper by following the instructions in the Request for Comments part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Paperwork Reduction Act Comment: FTC File No. P072108’’ on your comment, and file your comment online at https://www.regulations.gov by following the instructions on the webbased form. If you prefer to file your comment on paper, mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW, Suite CC–5610 (Annex J), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW, 5th Floor, Suite 5610 (Annex J), Washington, DC 20024. SUMMARY: PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 75271 FOR FURTHER INFORMATION CONTACT: David Walko, Attorney, Division of Privacy and Identity Protection, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580, (202) 326– 2880. SUPPLEMENTARY INFORMATION: Title: Affiliate Marketing Rule (16 CFR part 680). OMB Control Number: 3084–0131. Type of Review: Extension of currently approved collection. Background: As required by section 3506(c)(2)(A) of the PRA, 44 U.S.C. 3506(c)(2)(A), the FTC is providing this opportunity for public comment before requesting that the Office of Management and Budget extend the existing clearance for the information collection requirements contained in the Affiliate Marketing Rule. The Dodd-Frank Wall Street Reform and Consumer Protection Act (‘‘DoddFrank Act’’) was enacted on July 21, 2010.1 The Dodd-Frank Act transferred to the CFPB most of the FTC’s rulemaking authority for the Affiliate Marketing provisions of the Fair Credit Reporting Act (‘‘FCRA’’).2 The FTC retained rulemaking authority for its Affiliate Marketing Rule (16 CFR part 680) solely for motor vehicle dealers described in section 1029(a) of the Dodd-Frank Act as predominantly engaged in the sale and servicing of motor vehicles, the leasing and servicing of motor vehicles, or both.3 Additionally, the FTC shares enforcement authority with the CFPB for provisions of Regulation V subpart C (12 CFR 1022.20 through 1022.27) that apply to entities other than those specified above.4 As mandated by section 214 of the Fair and Accurate Credit Transactions Act (‘‘FACT Act’’), Public Law 108–159 (Dec. 6, 2003), the Affiliate Marketing 1 Public Law 111–203, 124 Stat. 1376 (2010). U.S.C. 1681 et seq. 3 See Dodd-Frank Act, at section 1029 (a), (c). 4 While the FTC shares enforcement authority with the Federal Reserve System, Commodity Futures Trading Commission, National Credit Union Administration, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, for the Consumer Financial Protection Bureau’s counterpart affiliate sharing rule, Regulation V (subpart C), 12 CFR 1022.20 through 1220.27, the CFPB has assumed 95% of the burden associated with its affiliate sharing rule. See Consumer Financial Protection Bureau, Agency Information Collection Activities: Submission for OMB Review; Comment Request, 85 FR 52559 (2020); CFPB Supporting Statement, Fair Credit Reporting Act (Regulation V) 12 CFR 1022, OMB Control Number: 3170–0002 (2020). In addition, the CFPB has estimated that the burden associated with Regulation V’s affiliate sharing provisions is de minimis. 2 15 E:\FR\FM\08DEN1.SGM 08DEN1

Agencies

[Federal Register Volume 87, Number 235 (Thursday, December 8, 2022)]
[Notices]
[Page 75271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26708]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (Act) (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
applications are set forth in paragraph 7 of the Act (12 U.S.C. 
1817(j)(7)).
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in paragraph 7 of the Act.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington, DC 20551-0001, not later than December 23, 2022.
    A. Federal Reserve Bank of San Francisco (Joseph Cuenco, Assistant 
Vice President, Formations & Transactions) 101 Market Street, San 
Francisco, California:
    1. Strategic Value Investors, LP; Strategic Value Bank Partners, 
LLC; Strategic Value Private Investors, LP; Strategic Value Private 
Partners, LLC, all of Cleveland, Ohio; Benjamin Mackovak, Bratenahl, 
Ohio, and Martin Adams, Naples, Florida, each a managing member of 
Strategic Value Bank Partners, LLC and Strategic Value Private 
Partners, LLC; as a group acting in concert, to acquire additional 
voting shares of Bay Community Bancorp, and thereby indirectly acquire 
additional voting shares of Community Bank of the Bay, both of Oakland, 
California.

    Board of Governors of the Federal Reserve System.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2022-26708 Filed 12-7-22; 8:45 am]
BILLING CODE P
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